Appliance Recycling Centers of America to Report Fourth Quarter and Fiscal Year 2009 Results on Monday, March 1, 2010
23 Fevereiro 2010 - 5:55PM
PR Newswire (US)
MINNEAPOLIS, Feb. 23 /PRNewswire-FirstCall/ -- Appliance Recycling
Centers of America, Inc. (NASDAQ:ARCI) today announced that it will
report fourth quarter and fiscal year 2009 results after the market
closes on March 1, 2010. The Company will hold a conference call at
9:00 a.m. Central Time on Tuesday, March 2, 2010 to discuss the
results for the fourth quarter and fiscal year 2009. To participate
in the conference call, please dial the following number ten
minutes prior to the scheduled time: 1(800) 940-0570. A replay of
the conference call will be available on the Company's website at
http://www.arcainc.com/. About ARCA ARCA (http://www.arcainc.com/)
is one of the nation's largest recyclers of major household
appliances for the energy conservation programs of electric
utilities. The Company is also the exclusive North American
distributor for UNTHA Recycling Technology (URT), one of the
world's leading manufacturers of technologically advanced
refrigerator recycling systems and recycling facilities for
electrical household appliances and electronic scrap. Through its
ApplianceSmart operation (http://www.appliancesmart.com/), ARCA
also is one of the nation's leading retailers of special-buy
household appliances, primarily those manufactured by Maytag, GE,
Frigidaire and Whirlpool. These special-buy appliances, which
include close-outs, factory overruns and scratch-and-dent units,
typically are not integrated into the manufacturer's normal
distribution channel. ApplianceSmart sells these new appliances at
a discount to full retail, offers a 100% money-back guarantee and
provides warranties on parts and labor. As of February 2010,
ApplianceSmart was operating 19 factory outlets: six in the
Minneapolis/St. Paul market; one in Rochester, Minn., market, four
in the Columbus, Ohio, market; six in the Atlanta market; and two
in San Antonio, Texas. This press release contains statements that
are forward-looking statements as defined within the Private
Securities Litigation Reform Act of 1995, including statements
regarding ARCA's future success. These forward-looking statements
are subject to risks and uncertainties that could cause actual
results to differ materially from the statements made, including
the risks associated with general economic conditions, competition
in the retail and recycling industries and regulatory risks. Other
factors that could cause operating and financial results to differ
are described in ARCA's periodic reports filed with the Securities
and Exchange Commission. Other risks may be detailed from time to
time in reports to be filed with the SEC. DATASOURCE: Appliance
Recycling Centers of America, Inc. CONTACT: Edward R. (Jack)
Cameron, CEO, or Peter Hausback, EVP and CFO, both of Appliance
Recycling Centers of America, Inc., +1-952-930-9000 Web Site:
http://www.arcainc.com/
Copyright